Cabinet Approves

Cabinet Approves Royalty Rates for Mining of Critical Minerals

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Indian Bureau of Mines Data: Mineral Output Surges 11.5% in September

Lithium, Niobium, and Rare Earth Elements (REEs) are three critical and strategic minerals that have been approved for amendment to the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (the “MMDR Act”) by the Union Cabinet, which is presided over by Prime Minister Shri Narendra Modi. Recently, the Mines and Minerals … Read more

Cabinet Approves Rs. 9589 Crore Foreign Investment in Suven Pharmaceuticals Limited 

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The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi today approved the FDI proposal for foreign investment of up to Rs.9589 crore in M/s Suven Pharmaceuticals Limited by M/s Berhyanda Limited, Cyprus. The approval is for acquisition of up to 76.1% equity shares of M/s Suven Pharmaceuticals Limited, a public … Read more